France and Iran companies signed a contract to equip Iranian train wagons
Azerbaijan, Baku, Jan. 18 / Trend, A.Yusifzade /
France's state owned Folle firm and Iran's Mapna Industrial Group signed a cooperation contract for equipping Iranian railroad wagons' air conditioning and door systems.
According to IRNA Economic Desk reporter, the contract was signed between the Managing Director of Iran's Rail Roads Transportation Mohsen Purseyyed and Folle Company's Strategy Manager Thomas Foster.
According to the signed contract, country's Specialized Mother Rail Transportations Company while supporting the joint move of Mapna and Folle in manufacturing the main facilities of Iranian railroad wagons, including the subway wagons, the locomotives, and the inter-city wagons, and turning the technology into an Iranian indigenous skill, consider full manufacturing of the parts by Mapna-Folle-Pars Company in a pre-scheduled period a high priority.
Meanwhile, the two companies Mapna and Folle have both agreed that the share of Iran in a three year period of the manufacturing of the above mentioned parts would be 60%.
The technology applied in manufacturing of the entire facilities is hi-tech. Presently Iran merely manufactures the body of the country's rail wagons, whose value is between eight to ten percent of the entire wagon.
The state owned French Folle firm is one of the largest designers and manufacturers of speed trains, passenger wagons, cargo wagons and locomotives in the world. Other specialties of Folle technicians include manufacturing train brakes, train central air conditioning systems and doors, locomotives, and entire subway train facilities and wagons.
Iranian First Vice President Mohammad-Reza Rahimi said on Dec. 20, 2010 that by transferring some of the country's forex accounts to safe countries, Iran was able to receive 3-8 times more than the initial deposits in financing, of which $23 billion has been invested in the projects of the Road and Transportation Ministry.
He added that many countries are interested in investing in Iran and pointed out that the countries that imposed restrictions on Iran lost business when Iran transferred its funds to other countries that were eager to do business with Iran and were financially safe for Iran.